Search form

Search form

The Department of Energy should prioritize Dominion Resources' license application for its Cove Point LNG liquefaction project in Maryland, said Thomas Farrell, the company's chairman, president and CEO. The company made commercial agreements and the project has an advanced position at the Federal Energy Regulatory Commission, Farrell said. "Where we're coming from is we have a project that is ready," Farrell said.

Related Summaries

A panel of the U.S. Court of Appeals for the District of Columbia Circuit rejected a bid by activist groups to block the construction of Dominion Resources' Cove Point liquefied natural gas export facility in Maryland. The panel said the groups lacked "strongly compelling" arguments and compliance with some legal requirements for challenging the project. A company spokesman said construction work on the project is advancing as planned for completion by 2017.

Texas LNG last week applied for a Federal Energy Regulatory Commission permit to build a liquefied natural gas storage facility, gas liquefaction plant, two LNG trains and an export terminal in the Brownsville Ship Channel in Texas. The proposed project comes as the company looks to export LNG to Mexico. Construction is expected to begin as early as 2017, while plant operations are expected to start in 2020.

The Department of Energy has approved Dominion Resources' plan to export liquefied natural gas from the Cove Point import terminal in Maryland. The project, which still needs the Federal Energy Regulatory Commission's clearance, could cost up to $3.8 billion. "This demonstrates progress toward an enormous opportunity for the administration to bolster job creation and economic growth," said Erik Milito, the American Petroleum Institute's director of upstream and industry operations.

Dominion Energy has forged liquefied natural gas export deals with Japan's Sumitomo and India's Gail. The LNG would come from Dominion's proposed $3.5 billion Cove Point terminal in Maryland. Dominion is seeking clearance from the Federal Energy Regulatory Commission for the project's construction and is awaiting the Department of Energy's approval for gas exports to countries without free trade deals with the U.S.

Dominion Resources is requesting the Department of Energy's approval to export 1 billion cubic feet per day of liquefied natural gas through its terminal in Maryland. The gas will come from the Marcellus and Utica shale formations. "It is in our nation's best interests to develop our natural resources responsibly and reliably," said Thomas Farrell, chairman, president and CEO of Dominion.